Business, 19.12.2019 00:31 Blakemiller2020
Stu owns an ice cream parlor that is usually closed during the winter. this winter, however, stu is considering opening his business in february instead of march. if stu opens his store in february, he will earn total revenue of $4,000 for the month, incurring variable costs of $3,500 and fixed costs of $1,500. if the store remains closed during february, stu will earn no revenues and incur fixed costs of $1,500. stu should:
answer choices:
1. open in february because the $4,000 of total revenue exceeds the $3,500 of variable costs.
2. stay closed in february because the $500 of operating profit is insufficient to cover the $1,500 of fixed costs.
3. open in february because the $4,000 of total revenue exceeds the $1,500 of fixed costs.
4. stay closed in february because he will lose $1,000 if he opens.
Answers: 2
Other questions on the subject: Business
Business, 22.06.2019 11:10, nataliahenderso
Which feature is a characteristic of a corporation?
Answers: 1
Business, 22.06.2019 18:00, theflash077
Large public water and sewer companies often become monopolies because they benefit from although the company faces high start-up costs, the firm experiences average production costs as it expands and adds more customers. smaller competitors would experience average costs and would be less
Answers: 1
Business, 22.06.2019 19:10, XOsam
Coca-cola was primarily known for its core competencies in marketing, bottling, and distributing aerated drinks. however, with the success of gatorade, coca-cola developed competencies in the development and marketing of its own sports drink, powerade. which of the following is true of coca-cola? a. it is leveraging existing core competencies to improve current market position. b. it is building new core competencies to protect and extend its current market position. c. it is redeploying and recombining existing core competencies to compete in markets of the future. d. it is targeting the chasm between the early adopter and early majority market segment.
Answers: 1
You know the right answer?
Stu owns an ice cream parlor that is usually closed during the winter. this winter, however, stu is...
Questions in other subjects:
Business, 27.10.2020 18:00
Mathematics, 27.10.2020 18:00
Social Studies, 27.10.2020 18:00
